Tel-Aviv is a city located on the Mediterranean coast in the heart of the Gush Dan metropolis in Israel which stretches 14 km along the Mediterranean coast. It is bordered to the north by the Yarkon (river and park) as well as the posh suburbs of Herzliya and Ramat Hasharon. To the east, it is separated from Giv’atayim and Ramat Gan, the area of the diamond exchange, by the Ayalon highway, which runs along the river of the same river. Further south, Tel Aviv is literally glued to the cities of Bat Yam and Holon.
It had approximately 468,809 inhabitants in January 2022, making it the second largest city in Israel, behind Jerusalem and ahead of Haifa further north in the country.
Tel Aviv is the economic and financial center of the country. It is also an important research center in the field of high technologies thanks to its innovative companies and its world-renowned university centers. The Tel-Aviv stock exchange also contributes to the dynamism of the city. The largest banks in the country also have their headquarters there which contributes to the dynamism of the city.
It is also the seat of many embassies.
Tel Aviv calls itself “The city that never sleeps”, in reference to its vibrancy and its young population relatively detached from moral conservatism or the conflicts surrounding the State of Israel. It is possible to shop at night, go out at any time, work at night or even party there anytime. Tel-Aviv lives non-stop.
Following the health crisis, Tel Aviv has become the most expensive city in the world and yet there is still a strong demand for housing and investment. The population continues to grow and so does the real estate market.
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